Wills....Re: Museums
Dan Roganti
ragooman at comcast.net
Sat Jan 23 21:00:47 CST 2010
William Donzelli wrote:
> Recall about a week or so ago I had an informal survey concerning
> wills, and taking care of collections after the collectors have
> passed. Results were better than last time - barely. Two.
>
> I guess this means there are going to be a lot of Straight-8s and
> Apple Is scrapped in the next 20-30 years.
>
If you make a will, how do you guarantee to have your collection
entrusted to a museum and prevent your collection, which is also
considered assets in probate, from being sold off to settle debts ?
From what I read, probate assets cannot be transferred to heirs and
other beneficiaries (museum) until debts are settled.
=Dan
http://www.vintagecomputer.net/ragooman/
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